Webinar: Suri Duddella on Market Context and Structure

June 23rd, 2012, 04:24 PM

@Big Mike

Suri webinar reminded me that I had looked on futures.io (formerly BMT) for a bar timer not counter( counter counts down till bar close, bar timer tells how long it took for a bar to close in seconds and could be used for tick,volume,range etc bars) before and couldnt find one, does anyone know of one? also tradestation bar timer oscialltor looked interesting does Ninja have one?

June 23rd, 2012, 05:05 PM

Did anyone get a better understanding of market structure and how to conceptualize it after seeing the webinar?

June 23rd, 2012, 05:37 PM

trendisyourfriend

Did anyone get a better understanding of market structure and how to conceptualize it after seeing the webinar?

Let me summarize and offer a little reductive clarity:

Its all about Highs and Lows and their Ratios

Their pullback retracements .38 .5 .62 .78

and

Their potential extensions 1.27 1.38 1.62 2.0 2.23 2.38 2.62 3.0 3.62 4.26

off of a higher low for a long "ABC" pattern (which is really an AB CD )

or

of a lower high for a short "ABC"

All this within the "Context" of the next higher time frame up.

which was in Suri's case, primarily the previous day's Fib Pivot levels and their potential extensions.

This context is used for the following trading day's important price levels and targets,

once the current day's price or market structure develops a viable ABC pattern long or short.

June 23rd, 2012, 05:49 PM

Rad4633

@Big Mike

Suri webinar reminded me that I had looked on futures.io (formerly BMT) for a bar timer not counter( counter counts down till bar close, bar timer tells how long it took for a bar to close in seconds and could be used for tick,volume,range etc bars) before and couldnt find one, does anyone know of one? also tradestation bar timer oscialltor looked interesting does Ninja have one?

Try this one if it suits your needs https://ninjatrader.com/support/forum/local_links.php?catid=1&linkid=230

June 23rd, 2012, 10:59 PM

Rad4633

@Big Mike

Suri webinar reminded me that I had looked on nexusfi.com (formerly BMT) for a bar timer not counter( counter counts down till bar close, bar timer tells how long it took for a bar to close in seconds and could be used for tick,volume,range etc bars) before and couldnt find one, does anyone know of one? also tradestation bar timer oscialltor looked interesting does Ninja have one?

@Rad4633,

I have an indicator under nexusfi.com (formerly BMT) download area (Bar Time Indicator) that is pretty much the same as Suri's. Just set the threshold to 150 under parameters. I f you are interested in knowing the exact time for bar completion, just set the threshold to a large numeber, i.e. 99999. Here is the link:

Download: Bar Time Indicator

Exported using NT Version 7.0.1000.9 Bar Time Indicator: This indicator measures completion of a bar in seconds and colors a historhram based on how long it takes for the bar to complete. Red <= 10s, Cyan<=20, Blue<=30s, Orange=45s, Magenta<=60, and …

aligator

June 24th, 2012, 12:46 AM

aligator

@Rad4633,

I have an indicator under nexusfi.com (formerly BMT) download area (Bar Time Indicator) that is pretty much the same as Suri's. Just set the threshold to 150 under parameters. I f you are interested in knowing the exact time for bar completion, just set the threshold to a large numeber, i.e. 99999. Here is the link:

Download: Bar Time Indicator

Exported using NT Version 7.0.1000.9 Bar Time Indicator: This indicator measures completion of a bar in seconds and colors a historhram based on how long it takes for the bar to complete. Red <= 10s, Cyan<=20, Blue<=30s, Orange=45s, Magenta<=60, and …

aligator

Thanks Aligator, perfect.

Thanks
Hector

June 24th, 2012, 01:52 AM

Rad4633

@Big Mike

Suri webinar reminded me that I had looked on futures.io (formerly BMT) for a bar timer not counter( counter counts down till bar close, bar timer tells how long it took for a bar to close in seconds and could be used for tick,volume,range etc bars) before and couldnt find one, does anyone know of one? also tradestation bar timer oscialltor looked interesting does Ninja have one?

NT has built in indicators for these. Look for tick counter & volume counter respectively for tick charts & volume charts.

June 24th, 2012, 09:37 AM

taqtrader

NT has built in indicators for these. Look for tick counter & volume counter respectively for tick charts & volume charts.

Not the same.

I built this indicator many years ago called "Timed Bar Span", but it is similar to the ones shared. The idea is to put it on a non-time chart, like a tick or volume chart, and then time the length of the bar. Nothing to do with a countdown timer built-in.

Mike

June 24th, 2012, 08:52 PM

Tip

The recording for the webinar is now available:

Webinar: Suri Duddella - Market Context

Mike

June 26th, 2012, 07:23 PM

@aligator @redratsal thx for links on bar timers

aligator, as you know I cant code, can you explain to me what determines the different color short time bars?red,orange,aqua,blue?

Could I ask if you could make the option to make color choices so we could make transparent average taller black bars ? as you can see in my chart what I am hoping for is to be able to define when a climax bar is goin to reverse at key levels, or after it passes thru support/res and is ready to resume ABCD

Thoughts?

and FYI I do like your Gradient bars

Webinar: Suri Duddella on Market Context and Structure

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Webinar: Suri Duddella on Market Context and Structure